SEC Form 4 · accession 0001213900-18-002616
Lifeward Ltd. · LFWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ori Gon
Officer — Chief Financial Officer
Period of report
Feb 22, 2018
Accepted (ET)
Mar 6, 2018 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001607962
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary shares, par value NIS 0.01 per shareF1 | Feb 22, 2018 | A | 17,857 | $0.00 | A | 31,442 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $1.15 | Feb 22, 2018 | A | 96,525 | A | — | Feb 22, 2028 | Ordinary Shares, par value 0.01 NIS per share | 96,525 | 96,525 | D |
Explanation of responses
- F1Represents 17,857 ordinary shares, par value NIS 0.01 per share ("Ordinary Shares"), issuable upon the vesting of restricted stock units ("RSUs") granted on February 22, 2018 in connection with the reporting person's appointment as Chief Financial Officer effective as of that date. The RSUs vest in four equal annual installments starting on the first anniversary of the date of grant, and may only be settled in Ordinary Shares.
- F2Represents stock options granted under the 2014 Plan on February 22, 2018 in connection with the reporting person's appointment as Chief Financial Officer effective as of that date. One-fourth of the options become vested and exercisable on the first anniversary of the date of the grant, with the remaining options vesting in twelve equal quarterly installments thereafter.